Take Me Home, Country Roads


Great post on Great depression and the resultant Poverty, Reality show and Iconic photos!


Okie. Hillbilly. Redneck. What do “Migrant Mother” and Shain Gandee have in common? The first is the name of the iconicphotograph that practically stands in for the words “Great Depression.” The second is the name of the young man who recently died shortly after becoming known for participating in the MTV reality show Buckwild. Similarities between the two? Not many—except a persistent interest in gazing at the rural poor.

In 1936, photographer Dorothea Lange stopped at a pea pickers camp in California. She found the pickers suffering from hunger because the crops had frozen and there wasn’t enough work to go around. Many were from the Ozarks and especially Oklahoma—and so “Okies” became a disrespectful term for the desperate Dust Bowl migrants who flooded into California. Lange was working for one of the New Deal agencies designed to relieve the suffering of the Great Depression. Lange’s job was…

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No, Fair Systems are Not Fair




Happiness (Photo credit: baejaar)

No, Fair Systems are Not Fair.

Happiness is a form of wealth. Wealth is not a form of happiness.

Many people think the idea of seeking out only happiness is ridiculous liberalism, and that’s understandable, because after a certain age and set of experiences that is no longer an option. But I’d like to see a generation, just one, which told its children to live their lives seeking happiness, not ephemeral pleasure or money. Just happiness. Somehow, I don’t think they’d have the same problem. Because they wouldn’t go into it believing that things would be easy. But they’d go into life knowing that as hard as things got, they’d be happy at the same time.

At some point in the past you were born, and at some point in the future you’ll die. Living is not obsessing over trivial matters, but meaningfully making up the difference.

Note :Re-blogged from the above link.

Registering a Business In Brazil


Registering a Business In Brazil

English: The Octavio Frias de Oliveira bridge,...

English: The Octavio Frias de Oliveira bridge, São Paulo – Brazil. View from the North Tower of the CENU complex (Northeast of the bridge) Français : Le pont Octávio Frias de Oliveira, à São Paulo (Brésil), vu depuis la tour nord du complexe CENU, au nord-est du pont. Română: Podul Octávio Frias de Oliveira, aflat în São Paulo, Brazilia. Vedere dinspre turnul de nord al complexului CENU, situat la nord-est faţă de subiect. Tiếng Việt: Cầu Octávio Frias de Oliveira ở São Paulo, Brasil về đêm. (Photo credit: Wikipedia)

Brazil, worlds’s 5th largest country by population and geographical area, offers immense potential to those interested to do business in Brazil.

Brazilian economy is the seventh largest economy worldwide measured in terms of both by nominal GDP and Purchasing Power Parity (PPP) as per last year’s data available.

Brazilian economy is in a high decibel mode, roaring to become a super power any time. It is the largest economy in the whole of Latin America.

Brazil has tropical climatic conditions. Average temperature is around 25 Degree centigrade. Brazil is having world’s most diverse biological diversity. with Amazon rain forests to its credit.

Brazil is rich in minerals, oil and gas, marine industry, etc. Country has invested heavily in infrastructural facilities like Roads, bridges,dams etc.

Tourism is an important revenue earner for the economy. More than 2 million people are estimated to be working on Tourism industry alone.

Dealing with bureaucracy, legal work and business questions associated with registering business online can be a tough task. Setting up the business and its associated formalities like Opening your impresa,Opening your empresa etc can all be done online now.

Brazil Beacons Business!

Opportunities at freelance Sites

Opportunities at freelance Sites
English: Freelance rose - Bagatelle Rose Garde...

English: Freelance rose – Bagatelle Rose Garden (Paris, France). Français : Rose Freelance – Roseraie de Bagatelle (Paris, France). (Photo credit: Wikipedia)

World is becoming small with job opportunities coming your way.

If one has the knowledge and desire, then it is  matter of time before work haunts the desired. Register at any of the freelance sites like odesk.com, elance.com, guru.com, freelancer.com, vworker.com, skillpages.com etc.  and take online tests with the respective sites or with other sites like brainbench.com.

Go through the job listings in your area of interest at the sites (find job/search job). While going through the listings, you will come across many terms, software used, websites,etc. which you may not be aware of.

Do some trial project just as specified in job listings. This will give you the confidence to apply and get interviewed. Do not bother too much about the rates at the initial stages.  Initially one has to build a portfolio with job history.

After working on small jobs for a few hours, one can slowly increase the rates.  In a few months, it is easier to command respectable hourly rates.

Indian Financial Services Sector

Indian Financial Secror – Insurance, Capital Markets, Equity, Banking

Today I thought of writing about the financial services sector in India. I have worked in developing software for Non Banking Finance Companies (N.B.F.C.), Private Finance companies, Chitt companies. I have some exposure to Insurance and equity markets as an investor and agent.

Financial Services sector is currently down for nearly the last four years after booming for 6 years. Many a reforms have been carried out by regulatory bodies like I.R.D.A.(Insurance), S.E.B.I. (capital market), R.B.I. (Financial Sector in general and Banking in Particular), Monopolies and Restrictive Trade Practices Commission (MRTPC) which fined heavily the real estate/housing majors, The Association of Mutual Funds in India (AMFI), Govt. of India etc.

There are a large number of companies operating in this sector. It has become highly competitive and selling agents commission has come down drastically over the last few years.

Due to the strict vigil of the regulatory agencies, the investment cost has come down and one can hope that the returns gets improve over the years.

For those who invest in equity shares, the Annual Account Maintenance charges for demat accounts has been abolished a couple of months back for small investors who investment does not exceed INR 50000.

In the Insurance sector, the number of ULIP schemes, which has created a bad name for the sector, mainly due to mis-selling by agents with or without the the knowledge of the organization they represented , many were withdrawn or made close ended so that no fresh money is invested into these loss making schemes. The main mis-selling point was that it was sold as a short term product, whereas ULIP’s are for long term investors. It should not sold for the purpose of insurance as insurance component is not high in these products

In the Mutual Fund sector, AMFI’s recommendations has resulted in entry and exit load structure getting revamped. This has benefited the customers.

RBI’s enforcement of base rate linked interest rate on loans has resulted in better terms for the Banking customers. Also savings bank interest rates are now calculated on the daily closing balance (credited once in six months in case of most banks) compared to the previous system calculating interest on the least amount in the account between 10th and the last day of the month.

To summarize, these measures and the competition may lead to better investment climate..

Retail textile Industry in India


Indian Retail Textile Industry

Having associated with textile retail sector for the last few years, I think it it time to share my experience with you.

It is a competitive market. there are many large players out there. Lacks of small players are also there. Each have their niche market.

The recent non-availability of labor, higher rentals and power problems have added the cost of production up considerably. Selling price of many items has gone up by 3/4 times in the last 5 years. The major south Indian production belt of Tirupur (T-shirts), Karur(Lunkies), Salem/Erode(textiles/trading) are reeling under the above mentioned problems, demand-supply gad has come under severe pressure.

Though large players survive on profits based on high turnover , it has become tough for small players. The recent mall culture has added fire to the fuel.

To summarize, it is a market, where the fittest, survives.

Malayalam movie distribution industry

Malayalam Movie distribution

Working with Mulakuppadam films/Mulakuppadam release and a few other leading film production and distribution companies in the last few years, I think it is good to share my experience in distributing Malayalam movies with you. I will write mainly about my experiences outside Kerala within India in this article.

There are theaters in most of the Indian cities catering to regional language movies including Malayalam movies. They are willing to release simultaneously with Kerala release. For example there are 5-6 theaters in Bangalore (this number keeps increasing with new malls/multiplex culture) releasing Malayalam movies. Chennai has minimum/maimum of 3/6 theaters and Mumbai has 10-12 theaters screening Malayalam movies. Delhi got 2/3 screens for Malayalam movies. Coimbatore got 2, Nagorkoil 1 etc just to name a few. Many other cities like Pune, Hyderabad, Ahmedbad, Goa, Calcutta, Mangalore, Tirupur, Salem etc also have Malayalam audience.

All these theaters are digital screens (Qube/2K from Real Image, Chennai and UFO from UFO Digital Cinema, Mumbai). Kerala has got PXD digital screens (from Prasad lab) other than those mentioned above for almost an year. One can see the name of the technology (Qube/UFO/PXD) used written on the entrance of the theaters. Few theaters in Kerala used to go for Physical prints (good old film box) till march 2012. Now as far as Malayalam movies are concerned, its a digital screening for the last 6 months or so. Prints (film box) are required only for Overseas markets like Singapore, Malaysia, Australia, U.S.A, U.K. etc for censoring. U.A.E (Dubai being one state) has gone digital censoring very recently.

A film box costs around rupees 50000-60000 depending on the length of the movie. Digital Screening companies have licenses on different terms. Weekly license costs around 4000 rupees in the first week which comes down in next week on-wards. There is also fixed package costing Rs 18000 plus which is valid for 6 months. There exists show number based licensing system also. A single show or daily one show licensing is an example for this. All these digital licenses are valid only in Kerala. If the movie is to be screened outside Kerala, then payment needs to be made in that state to get license.

Nowadays a movie usually completes its run within 3 months. DVD’s which used to release after 6 months are now released in 3 months (some cases) as screening gets over by that time.



Investments in Equity and online share trading

Share trading is all about making informed decisions at the tight time to buy/sell or to hold the shares. Price of equity goes up or down depending on the market conditions, demand and supply, business environment in which the company operates, confidence of investors on the management, and last but not the least, manipulation in some cases.

Though short term investments may cause loss to an investor, investing for long term is profitable as per historical records available for the last 100 years or so. Long term means an investment horizon of at least 10 years. Invest your surplus money and do not ever borrow/pledge your assets and make equity investments.

Other than the long term profits once gets on selling the shares, there is dividend income that most companies shell out to their investors. This is something like an interest on your fixed deposits with banks.

In India, the hassles of investment in shares were done away in around year 2000  when NSE  started their operations with online share trading facility. Their rival BSE also switched to online trading shortly.  this has done away with long wait to get ones shares after it was bought. buying/selling is just a click away.